Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Short Interest Up 39.0% in December
by Mitch Edgeman · The Markets DailyBrunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY – Get Free Report) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 5,380 shares, a growth of 39.0% from the November 30th total of 3,871 shares. Based on an average daily trading volume, of 35,157 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 35,157 shares, the short-interest ratio is presently 0.2 days.
Wall Street Analysts Forecast Growth
BCUCY has been the subject of a number of analyst reports. Kepler Capital Markets raised Brunello Cucinelli to a “hold” rating in a report on Thursday, October 2nd. Oddo Bhf downgraded Brunello Cucinelli to a “neutral” rating in a research note on Friday, September 26th. Finally, Sanford C. Bernstein upgraded Brunello Cucinelli from a “hold” rating to an “outperform” rating in a research report on Monday, September 29th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.
Read Our Latest Analysis on BCUCY
Brunello Cucinelli Trading Up 1.6%
Shares of BCUCY opened at $11.69 on Thursday. Brunello Cucinelli has a 12-month low of $9.51 and a 12-month high of $14.19. The stock has a 50-day moving average price of $10.76 and a 200-day moving average price of $11.27.
Brunello Cucinelli Company Profile
Brunello Cucinelli S.p.A. is an Italian luxury fashion house founded in 1978 by entrepreneur and designer Brunello Cucinelli. Headquartered in the medieval village of Solomeo, near Perugia, the company has built a reputation for its high-end cashmere knitwear and a refined approach to timeless menswear, womenswear and accessories.
The company’s product portfolio encompasses ready-to-wear collections for men and women, accessories such as scarves, hats and bags, footwear and home goods.